Top Technical Breakout Stocks: Smart Employee Benefits (TSXV:SEB) and Magnachip Semiconductor (NYSE:MX) Break 200-DMA

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In the Canadian markets, Smart Employee Benefits Inc (TSXV: SEB) broke its key long term technical resistance level of 200-Day DMA (Daily Moving Average) at C$0.49 and gained 14% Thursday. Opsens Inc (TSX: OPS), St Augustine Gold and Copper Ltd (TSX: SAU), Evertz Technologies Ltd (TSX: ET), and ATS Automation Tooling Systems Inc (TSX: ATA) were the other stocks breaching the 200 DMA to the upside with strong price momentum. Negative breakouts were seen in Newstrike Capital Inc (TSX: NES), Wi-Lan Inc (TSX: WIN), Dorel Industries Inc (TSX: DII/B), OceanaGold Corp (TSX: OGC), and Sirona Biochem Corp (TSX: SBM).

Smart Employee Benefits Inc (TSXV: SEB)-Technical Chart

Smart Employee Benefits Inc (TSXV: SEB)

In the U.S. markets, Magnachip Semiconductor Corp (NYSE: MX), Accelerate Diagnostics Inc (NASDAQ: AXDX), LSI Industries Inc (NASDAQ: LYTS), Ameris Bancorp (NASDAQ: ABCB), and Ryland Group Inc/The (NYSE: RYL) witnessed strong price gains and breakouts above their 200 DMAs Thursday. Venaxis Inc (NASDAQ: APPY), Electro Scientific Industries Inc (NASDAQ: ESIO), RiT Technologies Ltd (NASDAQ: RITT), World Acceptance Corp (NASDAQ: WRLD), and Potlatch Corp (NASDAQ: PCH) witnessed price declines and fell below their 200 DMAs Thursday.

Breakouts – Canada

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

Petrolia Inc
(TSX: PEA)

18.6%

0.35

0.30

Callinex Mines Inc
(TSX: CNX)

-14.3%

0.18

0.21

Smart Employee Benefits Inc
(TSX: SEB)

13.6%

0.50

0.46

Sterling Resources Ltd
(TSX: SLG)

-12.2%

0.215

0.24

ShaMaran Petroleum Corp
(TSX: SNM)

13.0%

0.13

0.12

Terraco Gold Corp
(TSX: TEN)

-9.7%

0.14

0.15

Elkwater Resources Ltd
(TSX: ELW)

9.1%

0.12

0.12

Orvana Minerals Corp
(TSX: ORV)

-9.3%

0.39

0.40

High Liner Foods Inc
(TSX: HLF)

8.4%

22.01

21.88

Newstrike Capital Inc
(TSX: NES)

-8.1%

0.91

0.97

50 DMA

Gold Canyon Resources Inc
(TSX: GCU)

20.8%

0.15

0.14

LGX OIL + GAS INC
(TSX: OIL)

-12.1%

0.145

0.16

Platinum Group Metals Ltd
(TSX: PTM)

16.7%

0.70

0.64

Newstrike Capital Inc
(TSX: NES)

-8.1%

0.91

0.97

Smart Employee Benefits Inc
(TSX: SEB)

13.6%

0.50

0.47

Premier Gold Mines Ltd
(TSX: PG)

-6.1%

1.99

2.09

High Liner Foods Inc
(TSX: HLF)

8.4%

22.01

21.78

dynaCERT Inc
(TSX: DYA)

-6.1%

0.155

0.16

Archon Minerals Ltd
(TSX: ACS)

8.3%

1.30

1.23

Asanko Gold Inc
(TSX: AKG)

-6.0%

1.88

1.95

200 DMA

Smart Employee Benefits Inc
(TSXV: SEB)

13.6%

0.50

0.49

Newstrike Capital Inc
(TSX: NES)

-8.1%

0.91

0.94

Opsens Inc
(TSX: OPS)

4.5%

0.70

0.68

Wi-Lan Inc
(TSX: WIN)

-5.8%

3.56

3.61

St Augustine Gold and Copper Ltd
(TSX: SAU)

3.6%

0.15

0.14

Dorel Industries Inc
(TSX: DII/B)

-4.8%

37.2

37.97

Evertz Technologies Ltd
(TSX: ET)

2.3%

17.14

16.87

OceanaGold Corp
(TSX: OGC)

-4.7%

2.63

2.63

ATS Automation Tooling Systems Inc
(TSX: ATA)

2.0%

14.55

14.39

Sirona Biochem Corp
(TSX: SBM)

-4.0%

0.12

0.12

Breakouts – U.S.

DMA

Bullish

Bearish

Company

One-day change
(%)

Close

DMA

Company

One-day change
(%)

Close

DMA

30 DMA

BSD Medical Corp
(NASDAQ: BSDM)

60.6%

0.34

0.30

Venaxis Inc
(NASDAQ: APPY)

-73.1%

0.548

1.79

Elite Pharmaceuticals Inc
(OTC BB: ELTP)

17.8%

0.25

0.22

Attunity Ltd
(NASDAQ: ATTU)

-14.1%

9.05

10.47

Magnachip Semiconductor Corp
(NYSE: MX)

17.7%

14.15

12.93

Enservco Corp
(NYSE: ENSV)

-11.1%

1.6

1.64

Omeros Corp
(NASDAQ: OMER)

16.6%

23.36

23.12

WPCS International Inc
(NASDAQ: WPCS)

-9.8%

0.2598

0.27

Armco Metals Holdings Inc
(NYSE: AMCO)

15.0%

1.73

1.68

MakeMyTrip Ltd
(NASDAQ: MMYT)

-9.6%

24.305

26.62

50 DMA

Elite Pharmaceuticals Inc
(OTC BB: ELTP)

17.8%

0.25

0.23

Venaxis Inc
(NASDAQ: APPY)

-73.1%

0.548

1.72

Magnachip Semiconductor Corp
(NYSE: MX)

17.7%

14.15

12.63

Attunity Ltd
(NASDAQ: ATTU)

-14.1%

9.05

10.14

Omeros Corp
(NASDAQ: OMER)

16.6%

23.36

22.64

Enservco Corp
(NYSE: ENSV)

-11.1%

1.6

1.71

Armco Metals Holdings Inc
(NYSE: AMCO)

15.0%

1.73

1.72

Electro Scientific Industries Inc
(NASDAQ: ESIO)

-9.5%

6.73

7.37

Arctic Cat Inc
(NASDAQ: ACAT)

13.6%

34.04

33.45

Fortinet Inc
(NASDAQ: FTNT)

-7.0%

29.215

29.44

200 DMA

Magnachip Semiconductor Corp
(NYSE: MX)

17.7%

14.15

12.70

Venaxis Inc
(NASDAQ: APPY)

-73.1%

0.55

1.81

Accelerate Diagnostics Inc
(NASDAQ: AXDX)

11.9%

22.92

21.02

Electro Scientific Industries Inc
(NASDAQ: ESIO)

-9.5%

6.73

7.22

LSI Industries Inc
(NASDAQ: LYTS)

11.0%

7.47

7.06

RiT Technologies Ltd
(NASDAQ: RITT)

-9.2%

1.18

1.29

Ameris Bancorp
(NASDAQ: ABCB)

8.5%

24.69

22.93

World Acceptance Corp
(NASDAQ: WRLD)

-5.6%

72.5

76.50

Ryland Group Inc/The
(NYSE: RYL)

8.0%

39.62

36.92

Potlatch Corp
(NASDAQ: PCH)

-4.8%

40.46

41.26

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